Cogent Private Wealth Inc. acquired a new stake in Avantis Moderate Allocation ETF (NYSEARCA:AVMA – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 96,482 shares of the company’s stock, valued at approximately $6,398,000. Avantis Moderate Allocation ETF accounts for about 4.9% of Cogent Private Wealth Inc.’s investment portfolio, making the stock its 2nd largest holding. Cogent Private Wealth Inc. owned approximately 12.06% of Avantis Moderate Allocation ETF at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in Avantis Moderate Allocation ETF in the 4th quarter valued at about $40,000. Advisory Services Network LLC bought a new stake in Avantis Moderate Allocation ETF in the 3rd quarter valued at about $139,000. Arlington Financial Advisors LLC bought a new stake in Avantis Moderate Allocation ETF in the 4th quarter valued at about $223,000. Susquehanna International Group LLP bought a new stake in Avantis Moderate Allocation ETF in the 3rd quarter valued at about $414,000. Finally, Diversify Wealth Management LLC boosted its holdings in Avantis Moderate Allocation ETF by 3.5% in the 3rd quarter. Diversify Wealth Management LLC now owns 6,711 shares of the company’s stock valued at $440,000 after purchasing an additional 227 shares during the period.
Avantis Moderate Allocation ETF Trading Up 0.1%
Shares of NYSEARCA:AVMA opened at $73.10 on Tuesday. The firm has a 50 day moving average of $70.31 and a 200-day moving average of $68.62. The stock has a market capitalization of $65.79 million, a PE ratio of 16.65 and a beta of 0.67. Avantis Moderate Allocation ETF has a 12 month low of $60.07 and a 12 month high of $73.18.
About Avantis Moderate Allocation ETF
The Avantis Moderate Allocation ETF (AVMA) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed, asset allocation fund-of-funds that invests with moderate risk in a broad basket of equity and fixed income ETFs. AVMA was launched on Jun 27, 2023 and is managed by American Century Investments.
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